Admiral introduces MultiCar cover

Admiral has recently announced two significant changes to its popular MultiCar cover. MultiCar, which allows between 2 and 5 cars belonging to the same household to be insured on one policy and subsequently receive a discount, has been on offer since early 2006. More than 30% of households in the UK own more than 1 car and the cover from Admiral has always appealed to those motorists who own a luxury car as well as a car for everyday use. Each policy can cover up to 5 cars, as long as all the vehicles are solely for private use and are registered at the same address.

Managing director of Admiral, Sue Longthorn, has explained that the demand for MultiCar cover comes from the many motorists who have "an everyday car and a classic older car, which they drive for fun". Vehicles such as Aston Martins and Porsches have grown in popularity over the years, but frequently owners will use them "only for pleasure or on special journeys”. These motorists will undoubtedly be happy to hear that Admiral has increased the age of vehicles it is willing to insure, from 30 years old to 50 years old.

Drivers still have to be over 25 to qualify for this cover but Admiral has also discounted premiums for luxury cars such as Bentleys and Lamborghinis. The company have been able to reduce premiums by between 5% and 7% (those vehicles equipped with a TRACKER can expect an 8% to 11% discount) because the drivers have a relatively low accident record.

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